---
title: Derivatives Service Bureau Expands Product Committee
description: The new product committee brings broad-based industry expertise.
image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-464750918-May-12-2022-09-27-21-89-AM.jpg
---

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 12.04.2018

 By Shanny Basar

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# Derivatives Service Bureau Expands Product Committee

 12.04.2018 By Shanny Basar

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The Derivatives Service Bureau, founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs) for OTC Derivatives, has today announced a new Product Committee membership for its second term, which will serve to further broaden industry collaboration.

The DSB values representation on a fair and equitable basis within the ISIN user community. Following extensive industry consultation and a lengthy invitation process for industry participation, distributed to all DSB users and other interested parties (over 2,800 individuals), the new Product Committee membership has been chosen based on experience, asset class and workflow expertise and geographical representation across all user categories.

From 8th January 2019, 5 trade associations will now be joining as non-voting members, to contribute to a balanced representation of asset class knowledge and geographical representation. Representation will expand on the existing buy-side, sell-side and trading venues, thereby increasing voting members to also include two new categories - custodians and data vendors. In addition, the role of chair will transition from the DSB to two external co-chairs directly from industry, to maintain strict neutral and impartial discussion.

This latest DSB announcement confirms the new industry participants in the DSB Product Committee as follows:

**Co-Chairs:**

BNP Paribas: Harry McAllister, Information Architect  
 Intercontinental Exchange/ NYSE: Joseph Berardo, Head, Credit Product Management

**Buy-side**

Allianz Global Investors: Michael Sandro Bauch, Regulatory Project Manager  
 Citadel: Jonah Platt, Director, Regulatory and Government Policy

**Custodians**

State Street Financial: Michael Burg, Vice President, Derivative Product Offering Management

**Data Vendors**

IHS Markit: Kirston Winters, Managing Director, Head of Product Management - MarkitSERV by IHS Markit  
 Refinitiv: Ben Scofield, FX Content Manager  
 Smartstream RDU: Jourik De Lange, Market Data Analysis

**Sell-side**

Citigroup: Tia Ellerman, Senior Vice President  
 HSH Nordbank: Rene Muller, SVP Market Management  
 J.P. Morgan: Jay Shotton, Regulatory Change Officer

**Trading Venues**

42 Financial Services: Maros Oberman, Head of Poland, ZAR Fixed Income  
 Bloomberg L.P.: Adam Lister, IRS Electronic Trading Product Manager EMEA  
 Tradeweb: Uwe Hillnhütter, Director, Head of European Operations

**Trade Associations**

European Fund and Asset Management Association: Vincent Dessard, Senior Regulatory Policy Advisor  
 FIX Trading Community: James Northey, Global Technical Committee Co-chair  
 Global Financial Markets Association: Fiona Willis, Manager, Global Foreign Exchange Division  
 Investment Association: David Broadway, Investment Operations Lead  
 International Swaps and Derivatives Association: Karel Engelen, Senior Director

Emma Kalliomaki, Managing Director of ANNA and the DSB, said, “We would like to convey our thanks to the members of the current Product Committee who have worked tirelessly with the DSB, having met on a weekly basis for the past two years. We are delighted with the high quality of applicants driving the composition of the new Product Committee membership, and are confident that Product Committee discussions will continue to ensure the best possible ISIN creation and use will only serve to bring greater transparency and efficiency to the global OTC derivatives market.”

Malavika Solanki, a member of the DSB Management Team, said, “With this new Product Committee membership and the broad-based expertise they bring, the DSB can now move from developing ISIN products and defining product templates, to solving additional OTC Derivative ISIN use cases and examining the introduction of hierarchies, as well as discussions on what to prioritise.”

Source: Derivatives Service Bureau

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